Biblioteca de la Universidad Complutense de Madrid

Actions on Environment under uncertainty: stochastic formulation and the associated deterministic problem

Impacto

Díaz Díaz, Jesús Ildefonso y Faghloumi, Ch. (2008) Actions on Environment under uncertainty: stochastic formulation and the associated deterministic problem. Revista de la Real Academia de Ciencias Exactas Físicas y Naturales Serie A: Matemáticas , 102 (2). pp. 335-353. ISSN 1578-7303

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Resumen

An application of the results of this paper proves that there is not always an economic benefit when destroying the environment for planting an alternative industrial project. Our criterion, to act, to delay or to deny the industrial investment over the environment, is given in terms of the free boundary associated to a deterministic degenerate obstacle problem (on in unbounded domain) associated to the stochastic optimal control problem formulated, initially, in terms of some suitable stochastic diffusion processes. The localizing estimates on the free boundary are obtained through a suitable spatial change of variables and by working with a suitable distance associated to the coefficient of the elliptic operator.


Tipo de documento:Artículo
Palabras clave:degenerate obstacle problem; Unbounded domain; stochastic optimal control problem; environmental economy
Materias:Ciencias > Matemáticas > Estadística aplicada
Ciencias > Matemáticas > Procesos estocásticos
Código ID:15247
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Última Modificación:06 Feb 2014 10:19

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